When it comes to electric vehicle adoption, countries globally are proceeding at different paces. Any nation pushing electric vehicles to help the environment is to be commended as it is not a race against one another. However, leaders have emerged in the global effort to replace internal combustion vehicles with EVs.
In this article, we will look at the countries leading the electric car revolution.
This Nordic country has been highly successful with its electric vehicle program, so much that it has become a model for other nations. While other countries will start banning ICEs from 2030, Norway has a closer deadline for the sales of new ICE cars from 2025.
The most remarkable thing is Norway might reach the milestone before 2025, going by current data on new car registration. EVs accounted for 94.9 percent of all registrations for November, with purely electric cars representing 73.8 percent.
Norway achieved this with the aid of EV subsidies and incentives.
In terms of policy, the UK is among the leaders in the electric revolution. It is among the nations with the clearest EV adoption strategy.
The UK has announced a ban on new ICE light vehicles, which will come into effect in 2030. Hybrids will follow in 2035. It also has several incentives available to EV buyers.
In addition, the UK is going to be the first nation to require new buildings to be equipped with EV home charging stations. However, there is an effort to install public charging stations, the same way the red telephone boxes became a cultural phenomenon.
China is emerging as the center of advances in electric vehicles. It is home to a number of EV startups that are beginning to carve out their own shares of the EV global market. They include NIO, Xpeng, BYD, etc., some of whom have started exporting EVs to other countries.
The Asia country is also becoming a hub for foreign companies moving their research and production to China. This group includes Tesla, Volkswagen, Mercedes-Benz, etc.
China is also showing promises of becoming the hub of low-cost electric vehicles. It has EVs that cost as low as $5000, which have been flying off the shelf. Tesla is also rumored to be building a $25,000 EV in China.
Home to multiple EV startups, including Tesla, the poster boy of the electric vehicle revolution, the US has one of the most popular and longest-running EV incentives. The current administration also has plans to expand the amount offered and the qualification criteria. To further promote the adoption of electric vehicles, the US has also pledged billions of dollars to build out charging infrastructure and has committed to electrifying the federal fleet of vehicles.